Bioplastics are majorly consumed in the packaging industry in the form of plastic bags and bottles. The market is segmented by type as bio & synthetic based biodegradables and bio based non-biodegradables. Bio and synthetic based biodegradables plastics are further segmented into aliphatic polyesters (Polylactic acid, polyhydroxyalkanoates (PHA), polybutylene Succinate and Other Aliphatic Polyesters), starch based plastics, cellulose derivatives, poly anhydrides, poly vinyl alcohols and other biodegradable plastics. Also bio based non biodegradables are segmented into biopolyethylene terephthalate (PET), biopolyethylene, biopolyamides, biopolyols and polyurethane, biopolytrimethylene terephthalate (PTT), bio-polypropylene (PP), other non-biodegradable bioPlastics. Other industries include consumer products, agriculture, catering, pharmaceuticals, textiles, etc. Some of the most widely used bio-plastics are polylactic acid (PLA) and PLA blends, starch extracts, bio-polyethylene (bio-PE) and polybutylene succinate.
The market is also segmented by origin as bio based Plastics and synthetic based biodegradable Plastics. Moreover, the market is segmented based on applications as packaging and plastic bags, bottles and containers, loose film packaging, automotive and technical applications, agriculture, consumer products, catering, pharmaceutical, construction, textiles, and others.
In 2015, Europe accounts for 36% of the global bio plastics consumption. Production and consumption share are also expected to witness a rise in Asia Pacific and South American region in the coming years. The market is also segmented based on geography as Asia Pacific (China, India, Japan, South Korea, ASEAN Countries and Rest of APAC), North America (United States, Canada, Mexico and Rest of North America), Europe (Germany, France, UK, Italy, Spain and others), South America (Brazil, Argentina, & others) and Middle East & Africa (Saudi Arabia, South Africa and others).
The market for bioplastics is majorly driven by the reduced dependence on petroleum-based raw materials for eco-friendly and sustainable products. However, the major restraints include the higher cost of manufacturing and shortage of waste processing infrastructure, as there exists a lack of a standard procedure for the collection and recycling of the plastics.
Opportunities & Major Players The bioplastics market future has sufficient opportunity to increase the market at higher rate. The promotion of public awareness and government concern for bio based plastics has increased the usage of bioplastics globally.
The major distributors for bioplastics products include the global and local manufacturers:
- Dow Chemicals
- Nature Works LLC
- Toray Industries
- BASF AG
Analysis for global bioplastics market, with region specific assessments and competition analysis on a global and regional scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the global bioplastics market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions where this industry is blooming and to also identify the regions that are still untapped.
1.2 Research Methodology
2. Executive Summary
3. Bioplastics Market
3.2 Industry Value Chain Analysis
3.3 Industry Attractiveness Porters 5 Force Analysis
3.3.1 Bargaining Power of Suppliers
3.3.2 Bargaining Power of Consumers
3.3.3 Threat of New Entrants
3.3.4 Threat of Substitute Products and Services
3.3.5 Degree of Competition
3.4 Patent Analysis
4. Market Dynamics
4.1.1 Non-dependence on petroleum based feedstock
4.1.2 Economic advantage in the long run
4.1.3 Legislative and Financial Incentives
4.1.4 Lower Carbon Footprint & lower toxicity
4.2.1 High manufacturing costs
4.2.2 Shortfall in waste processing infrastructure
4.2.3 Lack of approved method for collection and sorting of waste
4.3.1 Plant scale up to reduce costs
4.3.2 Quality improvement for higher consumer appeal
4.3.3 Improvement in disposal Infrastructure
4.3.4 Promotion of greater public awareness
5. Technology Overview
5.1 Technology Snapshot
5.2 Sustainability assessment of bio-based plastics
6. Market Segmentation and Analysis (Market Size, Forecast and CAGR)
6.1 By type
6.1.1 Bio and Synthetic based Biodegradables
126.96.36.199 Aliphatic Polyesters
188.8.131.52.1 Polylactic acid.
184.108.40.206.2 Polyhydroxyalkanoates (PHA).
220.127.116.11.3 Polybutylene Succinate
18.104.22.168.4 Other Aliphatic Polyesters
22.214.171.124 Starch-Based Plastics
126.96.36.199 Cellulose Derivatives
188.8.131.52 Polyvinyl alcohols
184.108.40.206 Other Biodegradable Plastics
6.1.2 Bio based Non-Biodegradables
220.127.116.11 Biopolyethylene terephthalate (PET).
18.104.22.168 Biopolyols and polyurethane.
22.214.171.124 Biopolytrimethylene terephthalate (PTT).
126.96.36.199 Bio-Polypropylene (PP)
188.8.131.52 Other Non-Biodegradable BioPlastics
6.2 By Origin
6.2.1 Bio based Plastics
6.2.2 Synthetic based Biodegradable Plastics
6.3 By Application
6.3.1 Packaging and Plastic Bags
6.3.2 Bottles and Containers
6.3.3 Loose Film Packaging
6.3.4 Automotives and Technical Applications
6.3.6 Consumer Products
7. Regional Market Analysis (Market size, growth and forecast)
7.1.4 South Korea
7.1.5 Rest of Asia-Pacific
7.2 North America
7.2.1 United States
7.2.4 Rest of North America
7.3.2 United Kingdom
7.3.6 Rest of Europe
7.4 South America
7.4.3 Rest of South America
7.5.1 Saudi Arabia
7.5.2 South Africa
7.5.3 Rest of MEA
8. Competitive Landscape
8.1 Mergers & Acquisitions,Joint Ventures, Collaborations and Agreements
8.2 Market Share Analysis
8.3 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Financials, Products & Services, Recent Developments)
9.1 API SpA
9.4 BioApply Polymers
9.5 BASF AG
9.9 Dow Plastics
9.12 Green Day Eco-Friendly Material Co.
9.14 Meredian Holdings Group Inc.
9.15 Metabolix Inc.
9.16 Mitsubishi Chemical
9.17 NatureWorks LLC
9.19 Plantic Technologies Ltd.
9.20 Showa Denko K.K. (SDK)
9.23 Tianjin Green Bio-Science Co. Ltd.
9.25 Trellis Bioplastics